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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (45065)	1/21/2004 9:00:14 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

Another day, another billion. <<Parmalat gross debt could top E14bn>> <<bankers and outside accountants began combing its books around the world, "not a trace" of cash has been found>> Heck, since we are already at Euro11, lets make it Euro14! Message 19625920 Still waiting for the next 'shoe' to drop, Jay. Who's next? Alstom? Invensys? Have you seen how the European have class? They can do a Marconi and no one says anything!!! Parmalat gross debt could top E14bn By Fred Kapner in Parma Published: January 21 2004 21:58 \| Last Updated: January 21 2004 21:58 The crisis at Parmalat, the Italian dairy group, deepened on Wednesday as people familiar with the group estimated that its gross debt could be more than E14bn, news.ft.com